Friday, February 26, 2016

Analyzing the Benefits of Big Data and ECM for Your Business

Have you ever wondered if Big Data and Enterprise Content management come together they can become a great combination? I’ll tell you why.

First lets get to know what is Big Data and ECM.
  • Big Data
It is a broad term used to describe the growth of structured and unstructured data, in the form of social media, blogs, audios, videos, paper-based content, electronic files and office documents.
  • Enterprise Content Management (ECM)
Enterprise Content Management (ECM) is the strategies, methods and tools used to capture, manage, store, preserve, and deliver content and documents related to organizational processes (Source: AIIM). It is generally aimed at the management of information and its life cycle from initial creation or publication. According to me, most of the ECM platforms deal with unstructured data such as emails, documents, tweets, blogs, movies and so forth. Let’s take a quick glance at the history of Enterprise Content Management. These days, storage has a lot cheaper. 
 
ECM empowering Big Data

According to Gartner’s predictions, by 2018, companies’ data will increase by 800%. Around eighty percent of which would comprise of unstructured data that is relatively difficult to manage. It would include collection, management, storage, searching and archiving the content.
 
This is where Enterprise Content Management System
comes into play. Solutions provided by this system can easily deal with all the listed concerns, and hence efficiently empower the management of content to procure value from it.

After empowerment of the management, comes the analysis of the data. ECM providers specialize in offering integrated analytics with their solutions and services and thus answering the need created by Big Data requirements.

ECM and Big Data can easily boost each other’s turfs if the cards are well played.

Big Data transfiguring ECM

Surely, the ECM will benefit from Big Data, its development will likewise accompany changes in term of building architecture to bolster Big Data,

Big Data offers the opportunity to boost the ECM business, not just on the grounds that ECM is changing to answer the particular needs of Big Data, but also because of big data analytics solutions, further improvements and understandings of the ECM solutions are made possible.

Typically, the connection between Big Data and ECM has a Two-Way Causal Influence. When Big Data is efficiently analyzed and managed, its analytics tend to develop a potential to become transformative.

To sum up, Big Data can make ECM frameworks more astute and more cost-effective by making them a content repository platform, as well as an advanced analytics based decision-making solution.

Partner with Clavax Technologies to unleash your Big Data and content management potential at its best.

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